Recently, Bitcoin has been bouncing between 85,000 and 88,000. To be honest, there aren't many tricks; it's a typical range-bound fluctuation. My trading logic is quite straightforward: short near 88,000 on rebounds, go long near 85,000 on dips, and take profits after capturing a thousand points or so—no intention to fight to the death. On Christmas Eve, both European and American traders were less active, market liquidity was already poor, and with time until Friday, this oscillating state is expected to continue.
Looking at the daily chart, Bitcoin has been consecutively closing lower recently, with many negative candles, indicating a generally weak pattern. On the hourly chart, the price has been oscillating around 87,000, with reduced volatility, suggesting a brewing breakout in a new direction. The MACD indicator is below the zero line, with both DIF and DEA negative, signaling a bearish trend, but the green bars are decreasing, hinting at a potential stabilization. The RSI is at 44, not yet in oversold territory, and overall market sentiment remains neutral to slightly weak.
Specific trading plan: $BTC: Long positions in the 86,200-87,200 range, targeting 88,200-89,200 $ETH: Long positions in the 2,880-2,910 range, targeting 2,970-3,000
In the short term, the key is whether Bitcoin can hold above the critical support at 87,000 and whether the US market can see an influx of capital.
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MeltdownSurvivalist
· 19m ago
Still stubbornly sticking to this range, what's the point? The US market is already asleep.
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GateUser-e19e9c10
· 12h ago
Everyone is on holiday for Christmas Eve. With this market, there's really no room for action, whether it's bottom fishing or catching the top, it's easy to get burned.
If the 87,000 level is broken, it feels like the decline will continue further down.
Can ETH reach 3000 this wave? It feels a bit uncertain.
The most annoying thing about this range-bound market is that the money keeps getting slapped around repeatedly.
Let's wait for the US market to open and see if the incremental funds are strong enough.
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SatoshiLeftOnRead
· 15h ago
It's that old, worn-out range trading method again, running away after a thousand points. Bro, your mindset is really steady.
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blockBoy
· 15h ago
I'm also watching the 86,200 level, but I'm worried that the US market might drop sharply again, and I can't afford to play.
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TommyTeacher1
· 15h ago
The range-bound movement still depends on how the US market performs; the 87,000 level is really crucial.
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BearEatsAll
· 15h ago
It's the same old trick. Just waiting for the 87,000 break. Once it breaks, it will directly drop back to 85K. It's time to wake up.
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MissedAirdropBro
· 15h ago
86200 is really a tough level. The last rebound didn't hold either, and I feel like we need to try a few more times.
#以太坊行情解读 December 25 Morning Market Analysis
Recently, Bitcoin has been bouncing between 85,000 and 88,000. To be honest, there aren't many tricks; it's a typical range-bound fluctuation. My trading logic is quite straightforward: short near 88,000 on rebounds, go long near 85,000 on dips, and take profits after capturing a thousand points or so—no intention to fight to the death. On Christmas Eve, both European and American traders were less active, market liquidity was already poor, and with time until Friday, this oscillating state is expected to continue.
Looking at the daily chart, Bitcoin has been consecutively closing lower recently, with many negative candles, indicating a generally weak pattern. On the hourly chart, the price has been oscillating around 87,000, with reduced volatility, suggesting a brewing breakout in a new direction. The MACD indicator is below the zero line, with both DIF and DEA negative, signaling a bearish trend, but the green bars are decreasing, hinting at a potential stabilization. The RSI is at 44, not yet in oversold territory, and overall market sentiment remains neutral to slightly weak.
Specific trading plan:
$BTC: Long positions in the 86,200-87,200 range, targeting 88,200-89,200
$ETH: Long positions in the 2,880-2,910 range, targeting 2,970-3,000
In the short term, the key is whether Bitcoin can hold above the critical support at 87,000 and whether the US market can see an influx of capital.